Funding you earn now, next payment 01:00 UTC+0.0278%/8h= +30.4% APRpaid last 24h +0.085%
Price spread now: Bybit against GMX−0.016%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX APE/USD [APE-USDC] | 0.1471 | L −0.0178% / S +0.0185% | get 0.0022% / 1h | 41m 35s | $1K | — | 100x |
| Short | Bybit APEUSDT | 0.1471 | 0.0100 | get 0.0100% / 8h | 7h 41m | $3.7M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against GMX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $58.34
- Price spread: −0.016% → 0.000%
- −$1.63
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $33.7
- Costs to cover
- 0.230%
- Break-even
- 3.0 days
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 6 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 2.38 bp | 21.6 bp −$22 | 52.5 bp −$525 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
APE on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_APEUSD | −0.0211% | 1h | 0.1472 | +0.043% | $412K | $602K | 20x | as long as short |
| GMX APE/USD [APE-USDC]long | L −0.0178% / S +0.0185% | 1h | 0.1471 | long leg | $1K | — | 100x | |
| dYdX APE-USD | 0.0000% | 1h | 0.1471 | 0.000% | $9K | $5 | 5x | as long as short |
| Reya APERUSDPERP | 0.0000% | 1h | 0.1235 | −16.071% | — | — | — | as long as short |
| Deribit APE_USDC-PERPETUAL | 0.0000% | 1h | 0.1471 | −0.030% | $11K | $18K | 25x | as long as short |
| Injective APE/USDC PERP | +0.0033% | 1h | 0.1378 | −6.350% | $1K | $12K | 5.5x | as long as short |
| Hyperliquid APE | +0.0100% | 1h | 0.1472 | +0.072% | $1.3M | $371K | 5x | as long as short |
| Aster APEUSDT | +0.0100% | 8h | 0.1471 | −0.028% | $122K | $22K | 10x | as long as short |
| Binance APEUSDT | +0.0100% | 8h | 0.1471 | −0.009% | $4.2M | $6.2M | 50x | as long as short |
| Bybit APEUSDTshort | +0.0100% | 8h | 0.1471 | −0.016% | $3.7M | $2.7M | 50x |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX APE-USDT-SWAP | +0.0100% | 8h | 0.1471 | −0.050% | $1.3M | $1.4M | 20x | as long as short |
| Gate APE_USDT | +0.0100% | 8h | 0.1472 | +0.045% | $628K | $298K | 50x | as long as short |
| MEXC APE_USDT | +0.0100% | 8h | 0.1471 | −0.030% | $4.1M | $927K | 50x | as long as short |
| KuCoin APEUSDTM | +0.0100% | 8h | 0.1471 | −0.030% | $1.8M | $2.3M | 50x | as long as short |
| Bitget APEUSDT | +0.0100% | 8h | 0.1472 | +0.038% | $2.1M | $553K | 25x | as long as short |
| BingX APE-USDT | +0.0100% | 8h | 0.1471 | −0.030% | — | $13.0M | — | as long as short |
| Variational Omni APE | +0.0100% | 8h | 0.1470 | −0.130% | $7K | $12K | — | as long as short |
| BloFin APE-USDT | +0.0101% | 8h | 0.1470 | −0.098% | $221K | $49K | 75x | as long as short |
| Extended APE-USD | +0.0104% | 1h | 0.1471 | −0.031% | $7K | $257K | 10x | as long as short |
| Coinbase International APE-PERP-INTX | +0.0840% | 1h | 0.1475 | +0.242% | $99K | $7K | 25x | as long as short |
GMX APE/USD [APE-USDC]
Bybit APEUSDT
Kraken Futures PF_APEUSD
Deribit APE_USDC-PERPETUAL
Injective APE/USDC PERP
Hyperliquid APE
Aster APEUSDT
Binance APEUSDT
OKX APE-USDT-SWAP
Gate APE_USDT
MEXC APE_USDT
KuCoin APEUSDTM
Bitget APEUSDT
BingX APE-USDT
Variational Omni APE
BloFin APE-USDT
Extended APE-USD
Coinbase International APE-PERP-INTX